Rivian Reassures Investors With Cost Cuts, Green Credit Sales Amid Weak Ev Demand

Rivian reassures investors with cost cuts, green credit sales amid weak EV demand

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    Despite weak EV demand, the truck maker said it's on track to make a gross profit in the last three months of the year.
    11/8/2024 - 6:57 am | View Link
  • Rivian Targets Q4 Profit with Cost Cuts, Green Credits Amid Lower EV Demand
    Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by cost-saving strategies and rising green credit sales. The company, which saw a ...
    11/8/2024 - 6:39 am | View Link
  • Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
    Rivian stuck to its forecast of achieving gross profit in the fourth quarter even as it reported its first drop in quarterly revenue hurt in part by shortage of a component. Shares of Rivian rose ...
    11/7/2024 - 9:18 am | View Link
  • Rivian Reassures Investors With Cost Cuts, Green Credit Sales Amid Weak EV Demand
    (Reuters) -Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales of green car credits, despite a parts shortage ...
    11/7/2024 - 3:11 am | View Link
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